Dec
09
Kids + Cribs = Motivated Apartment Sellers
By Bob BorgerLet’s face it, this is probably the worst time to sell an apartment in Manhattan. This is very good news if you are a buyer.
Virtually all apartments currently on the market-especially during the holiday season- are placed there by motivated sellers rather than sellers just testing the waters. One of the most powerful motivators for sellers is their kids. Kids here or on the way. I call it the crib effect.
As a buyer, keep your eyes open for bedrooms, alcoves or even closets with kids’ paraphernalia. Especially cribs. Quietly make note and negotiate accordingly.
Categories : Buyers, Buying Guide, First Time Buyers, Negotiating, The Process